Friday, July 8, 2011

Dow Jones Is Getting Overbought With Major Resistance At 12800-13000 Points

Wall Street recap: Dow Jones Jumps 93 points on positive jobs and retail sales data
The Dow Jones climbed 93.5 points higher to 12719, notching a seventh advance in eight sessions, after strong June ADP report and lower weekly jobless claims boosted optimism of a strong government non-farm payroll report tonight.

Sentiment also improved amid better-than-expected June same store sales Index, which rose 6.5% against consensus 4.9%.

Daily Dow Jones: Getting Overbought With Major Resistance At 12800-13000 Points
DowJones08-07-2010


Source: StockCharts.com

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...
 
Business